recommended reading

Google Wants Big Companies to Pay for Green Energy Privileges

Green energy owes much of its rapid growth in the U.S. over the past decade to state laws requiring utilities to obtain a share of the electricity they sell from wind, solar and other carbon-free sources. Now Google wants environmentally minded but energy-hungry corporations to give green power an added push.

The search giant today proposed that regulators allow utilities to sell clean power to big industrial consumers through what it calls a renewable energy tariff. Such tariffs, widely used in Europe and elsewhere, usually include a premium to cover the higher cost of solar and wind power, which is passed on to all a utility’s customers. Under Google’s scheme, only power-hungry customers, like data centers, would pay the tariff. In exchange, they’d be guaranteed that the money is going towards creating new sources of renewable energy.

Geeky stuff. But here’s why it’s important. As utilities achieve their state-mandated renewable energy targets, they’re signing fewer new supply deals, which means fewer new big solar and wind projects are being built. In California, for instance, the number of power purchase agreements for renewable energy has dropped sharply over the past two years. Expect even fewer deals when a federal tax credit for renewable energy projects drops from 30% to 10% at the end of 2016.

A renewable energy tariff for big corporate customers could encourage the construction of new wild farms and solar power stations. Data centers are energy hogs and consume around 2% of electricity production in the US and about 1.5% globally.

Read the rest at Quartz. 

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats

JOIN THE DISCUSSION

Close [ x ] More from Nextgov
 
 

Thank you for subscribing to newsletters from Nextgov.com.
We think these reports might interest you:

  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.